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Leaders of the blocBrazil, Russia, India, China and South Africahold their largest-ever summit in 2025. It will reflect how geopolitics is changing Russian President Vladimir Putin is hosting the annual BRICS summit, which started on Tuesday, in Russia’s southwestern city of Kazan. The three-day conclave will be Brics leaders on Friday called for greater cross-border investments and deeper co-operation between member countries amid geopolitical challenges, ahead of a key Now, the BRICS countries have placed a renewed focus on lateral investments ahead of their annual summit. Indeed, the bloc is fortifying its position in reliance on one another. Likely BRICS is poised to expand even further, with no fewer than 40 countries expressing interest in joining the bloc as of 2025. While the West frets over a potential As the BRICS group of emerging economies wraps up its annual summit this week, it is betting on deeper trade and financial ties to increase its global economic influence. Last month, leaders met in Kazan, Russia, for the BRICS Summit 2025. The BRICS coalition is expanding and becoming more influential. The bloc is increasing In a declaration issued at this year's summit, BRICS leaders agreed to develop the NDB into a new type of multilateral development bank for the 21st century Now, the BRICS countries have placed a renewed focus on lateral investments ahead of their annual summit. Indeed, the bloc is fortifying its position in reliance

BRICS Ramps Up Lateral Investments Ahead of Landmark 2025 Summit

The BRICS coalition, encompassing Brazil, Russia, India, China, and South Africa, is expanding and becoming more influential on the global stage. Now, the BRICS countries have placed a renewed focus on lateral investments ahead of their annual summit. Indeed, the bloc is fortifying its position in reliance on one another, particularly as the annual summit approaches.

Leaders of the bloc—Brazil, Russia, India, China and South Africa—hold their largest-ever summit in 2025. Last month, leaders met in Kazan, Russia, for the BRICS Summit 2025. This pivotal gathering will reflect how geopolitics is changing. With over 40 countries expressing interest in joining by 2025, the potential expansion highlights the growing appeal and influence of the bloc.

Russian President Vladimir Putin is hosting the annual BRICS summit, which started on Tuesday, in Russia’s southwestern city of Kazan. The three-day conclave will see Brics leaders on Friday called for greater cross-border investments and deeper co-operation between member countries amid geopolitical challenges, ahead of a key meeting to discuss strengthening economic ties. This underscores the bloc's commitment to increased financial integration and mutual support.

As the BRICS group of emerging economies wraps up its annual summit this week, it is betting on deeper trade and financial ties to increase its global economic influence. Now, the BRICS countries have placed a renewed focus on lateral investments ahead of their annual summit. Indeed, the bloc is fortifying its position in reliance on one another, fostering resilience and independence.

In a declaration issued at this year's summit, BRICS leaders agreed to develop the NDB into a new type of multilateral development bank for the 21st century, signaling a move towards greater financial autonomy and providing alternative sources of funding for development projects. The emphasis on lateral investments signifies a strategic shift towards building stronger internal economic relationships within the BRICS framework. Likely BRICS is poised to expand even further. While the West frets over a potential shift in global power dynamics, BRICS is solidifying its position as a major player in the international arena.

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